I don't know if this will help CDE.
Well, it should definitely move to somewhere between $12 and $13 for the next major resistance. THen up to $16. I'm just waiting for some geo-political event that causes gold and silver to rocket. Its bear market has lasted long enough and is ripe to take off. Somewhere during the summer when most people are away on vacations and not paying attention something big could happen. I know people have been predicting it for months and some for over a year. Stocks are way too risky at this point with unreal valuations. Yes, I think sooner than later something going to give.
Ed, you're strangely silent 'bout what the 'black box' predicts long-term PM prices will be.
BTW, do you have any idea what "llegar a volver y aqui" means? It was left on a MB.
and what was paas in those days and price of silver and if it was 2nd trip to 30's i was short at 31.00 and it was posted--i pumped production,resources and long life mines and paid down debt when silver was over 40.00 and above--didn't cde make a billion that year from an almost bankrupt company-if silver and gold were back at those levels what price would cde be today--i venture to say if we had 40/50 silver and 1900 gold cde would be considerably higher than its previous 37.00
raven to add some high grade---and some fine tuning of sorting and pebble crushing and testing new equipment-optimization and saving on energy ,if efficiency and grade is by product of lower prices and new management, what a welcome outcome-
Vcaritas, you said " I think the 'boom or bust' cycle is a manipulation by elite."
You got That right! So then, what makes you think the time isn't right for a BIG BUST???
BTW, could you please translate this for me "llegar a volver y aqui"?
Ed, just wait and see how 'miniscule' that 27.3 debt to equity ratio is at $15 silver and $800 gold - BK!!!
yeah...I have that same feeling this morning...one step forward and two backward...
even when we're technically successful...nobody seems to understand or care...
that's what beaches and babes on the beach are for...to relieve the mind of these incongruities...
to produce 30 million equivalent silver oz's to break even or lose money-silver up but so is energy-coeur doesn't have a mine making money--at least they have done something about franco royalty and are looking at juniors and early exploration stage and have large resources that can absorb this --coeurs net debt is miniscule but doesn't feel good paying interest or money while losing or breaking even-- being silver slaves to paper comex---the amount of time ,energy,capital its almost a joke-at least expansions complete and feasibility finished and we have nsr on northair and some early exploration deals--but to produce 30million oz's and lose money or break even while industry and east buy up results at below all in cost
the franco deal with 800.00 gold and 22 million toward guadalupe is certainly good news along with recovering silver and with news coming on preciosa and palmarejo -all will have its good points but it is ultimately silver that must prove itself-all the effort put in now will pay dividends with higher silver but as it stands cde still needs silver to get out of this range-
raven will be adding high grade this year and some attempts to use new technology in sorting process---so much time ,effort and money has gone into this mine -it would be nice to see grade and profit-but it is nice having a underground gold mine in alaska as insurance--
Those purchasing at today's levels will be thankful in the years to come! It might happen tomorrow, a week from now, a month from now, or perhaps a year from now, but CDE will be back to over $20. Long-term sentiment is a strong buy!
Sentiment: Strong Buy
"If I had a hammer"....
I'd pound on a different nail. Larger headed one, undoubtedly. Then, y'all will have to research and await the New Zealand platinum prospects lease sale, which has happened and which results are scheduled to be released sometime in July.
The situation is really simple. South Africa appears to many to be on the way into a Zimbabwe decline. It's labor unions must be being fed by ulterior motived outsiders, that are not in allegiance to South African interests. If this continues, then the small nickel and pgm grade deposits in North America and elsewhere will take over and eventually fill the slack. How many folks are going to be led off, as lemmings, off the clift? As many as there are idiots all around the world that think there are real differences in political parties in "democracies".
So sorry, but ya' gotta play with what ya' think ya' know.
Would you mind mentioning some of those tiny platinum and silver stocks? I think that is where the big money is to be made in the silver bull market that is not that far away.
Ed and company was pumping this pig in the $30s like Angie Dickinson in her prime. ( apologies to Corrrado 'Junior' Soprano). Fundamental flaws (turds in the punch bowl) didn't matter; the pump just went unabated. Shameful, VERY VERY SHAMEFUL!